just about complete with online filing but either a calculation on the Co House abbreviated website does not agree with my accountant.
e.g
Total Current Assets 80,000
Creditors: amounts falling due within one year: 6,000 (note inc taxation & security and £1,000 directors loan)
Should the "Net Current Assets (liabilities)" be 86,000 or 74,000
as the values given by Co House and accountant differ in this section in terms of how calculated.
Edit - think problem is that Co House system needs a -ve sign added before for creditors amount, thought I had it sussed but find it confusing.
I get all figures to match the abbreviated balance sheet from my accountant.
e.g
Total Current Assets 80,000
Creditors: amounts falling due within one year: 6,000 (note inc taxation & security and £1,000 directors loan)
Should the "Net Current Assets (liabilities)" be 86,000 or 74,000
as the values given by Co House and accountant differ in this section in terms of how calculated.
Edit - think problem is that Co House system needs a -ve sign added before for creditors amount, thought I had it sussed but find it confusing.
I get all figures to match the abbreviated balance sheet from my accountant.
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